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. it is tax hikes on every household. today california leaders said the voters have spoken, but it is not clear if lawmakers can return to washington and work together. congresswoman nancy pelosi spent the day mixing and mingling at the presidio. but fixing the country's finances was on her mind. >> we have a deficit we have to deal with. we have to do it with growth and the creation of jobs. we have to do it with cuts. we all know that, but we have t.o. do it with revenue. >> reporter: she will be returning to capitol hill pushing a deal backed by barack obama. that will include tax hikes on wealthier households. republicans who still control the u.s. house of representatives have started to dig in. >> raising tax rates will slow down our ability to crow 80 the jobs everybody wants. >> reporter: what are the consequences if law i can makers cannot make a deal. >> the fiscal clip is very bad if it happens. it means we could have a huge recession next year. >> reporter: if scheduled budget cuts are imposed an estimated 400 government jobs could be slashed and about 400,000 j
. but now phoenix, arizona, is jumping into the fray, trying to bring california businesses to their city. sergio quintana is live in san francisco with a look at what is happening. reporter: well, san francisco recently celebrated turning twitter into one of its newest corporate residents, and then recently -- actually in the last year, the bay area as a whole has been having a very good year. in fact one of the strongest economies in the country. but when california voters this week passed proposition 30, that's when phoenix business leaders decided, now is a great time to start searching for ceos to steal away. >> on election night, governor jerry brun celebrated the passage of proposition 30. 54% of voters decided to raise income taxes on the state's top earners and agreed to a hike in sales tax. >> we think the recent tax package that was passed that really targets what we call high performers or producers from an economic perspective, is going to start to dislodge the serial ceo management talent in places like silicon valley. >> in a bid turn that into an opportunity, the greater p
for allegedly carrying bomb-making materials will be in court tomorrow. jeffrey mcgann of southern california was taken into custody on wednesday night. he had a watch with fuses and wires. he had also had layers of insoles which were two sizes too big. he said he is an artist and what he was carrying was art work. mcbegan's lawyer gave us a statement and he said in part artists have artistically and mcgann didn't have the materials to hire anyone. it has been a wet weekend, but right now it is looking dry outside. the question is will it last? let's head to leigh glaser for a first check on weather and take a look at it. >> you can get a sense that while we are seeing mainly cloudy conditions out there, there are still some locations that are picking up a little moisture. not all of what you are seeing is actually reaching the ground. we have had reports, santa rosa a little light rain. san francisco a few sprinkles there and as we head out toward the east bay, concord, walnut creek and moraga and even as far east as san ramon and even toward brentwood. some of the low clouds producing some
to extended shopping hours on thanksgiving night is growing online, target employee in california started a petition, calling or on stores to give back thanksgiving to employees the and they're families. now there's more than 40 petitions with 238,000 signatures. >> shoppers are already lining up for the black friday specials. this camper is outside best buy in san diego county. she hopes to save upwards of $2,000. she started camping more than a week ahead of black friday. >>> and tents are going up outside best buy in ft. myers, florida. sean kelly and his family have claimed the first spot for six of the last seven years and plan have to thanksgiving day there. >> you can sniff your way to love. people at parties are using their keen sense of smell to find a mate. they bring a t-shirt they slept and then assigned a number. then everyone gathers around the table of shirts to sniff away. >> sniffing t-shirts, sounds weird, but people will do anything for love. >> ama: all comes down to pheromones. experts say they're as unique as a fingerprint and can't hurt if it helps find a match. >>
celebrates the special day. city leaders say the parade is the biggest in northern california with 2700 participants and 6,000 spectators. marching bands, helicopters and plenty of veterans made a special day unforgettable. >>> still to come on ac7 news at 11:00, the massive construction project designed to secure the safety of your drinking water. how it works coming up in tonight's assignment 7 report. and an unusual use for a lot of spare change. how one woman put all of her pennies to work for her. and we will look at the national and state travel map. if you are taking to the skies tomorrow, we will talk about our accu-weather seven-day >>> there is a massive construction project underway to secure the safety of the region's water supply. part of that project includes digging a massive hole in newark. abc7 news anchor dan ashley has the assignment 7 report. >> nearly nine stories below sea level they are shoring up the massive hole. the shaft will provide millions of people in the bay area with fresh, clean water. digging this hole in unstable mud and water presented the project en
Search Results 0 to 4 of about 5

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